Any recourse?

I was told only a set number of people could take the package at each group or store. So for instance if you have 8 reps at your store only the first two who accepted the package would be able to take it. This limit is set to prevent too many from... — read more 

And the ball is RIFs. They will be massive and in tens of thousands. The offer is just a drop in the bucket, the upcoming wave of layoffs will be so immense it will overshadow anything we've seen before. So, do not get distracted and plan accordingly... — read more 

From what I can see, the offers were given out all across the board, the number of years didn't play as much of a role in it as we originally thought and speculated. But if it wasn't the years, what was the main criteria them? What was the deciding... — read more 

I was just wondering what do you get out of it? The cat is out of the bag. Everybody knows what's going on. So what is the point in you repeatedly jumping in different threads just to yell FAKE NEWS or LIES or whatever else in that range. Seriously... — read more 

I guess those of us with 10 plus years really did get left out of this. And I would have jumped at the offer. Oh, well.

OK, so you've got to respond by 11/17 for the VSP. Depending how that goes, any guesses for when a RIF might be if now enough people take it?

No info communicated that I have seen about future severance changes. If left unspoken informal it creates more confusion for those deciding on voluntary offer. Is more info to follow?

He's been with Verizon for at least 25 years (can't remember exactly when he started, but I know it's not under 25.) I can't understand why he would be left out, if everybody with over 20 years was supposed to get this buyout offer. Or did I... — read more 

The buyout is only offered to those NOT chosen to transition to infosys, retained as Verizon Employees. Which means anyone with 20+ years that does t choose to take the job at Infosys, will not get the same package offered to retained Verizon... — read more 

There is a big blue ACTIVE button just above the first thread link. That will show you threads sorted based on which had recent replies. Reviewing this can help us not start redundant threads.

This is a very good move. Hans is doing what is best for the company. The offer given to the employees is generous. I know , I would not have been this generous. This is called leadership and sometime tough decisions need to be made. What was done is... — read more 

What will happen to those who are enrolled in EPP program? I switched over to EPP 7 months ago when they had the deal for iphone 8 plus free with iphone x. Now I still have $1350 left as balance and they are saying EPP is removed? Thats outrageous... — read more 

Here is what Hans emailed this morning... —— V Team, Today we are announcing a Voluntary Separation Program for a select group of U.S.-based management employees. This enhanced separation program will afford us an opportunity to find more... — read more 

Anyone else from XO here? I just got an offer about 10 minutes ago. What are other people seeing?

The offer is real. No more speculation. Email from Hans arrived at 10:06am with a link to a message with details from Mark Reed.

You need to be on the internal network: https://aboutyou.verizon.com/voluntary

If unsure about what to do, so not listen to random anonimous posts on this site - hire a professional, an employment attorney to guide you through any areas where you need more clarity. May be a bit pricey, but overall having some legal support will... — read more 

...you were not meant to receive an offer. That simple. Those who were, know already.

Is there anything more sad than the group Verizon calls "Senior Managers"? This elite group of poor performers are mostly made up of leftover people. They've aged their way to the top of the loser pile and literally don't ever want to move. They are... — read more 

So the package is real and they have announced options for 1000's of employees! Hans the CEO communicated today linking employees to a micro site to see if they qualify

Can we finally determine what was the truth and what was fiction? Buyouts? Layoffs? Both? None?

People going to Infosys will have comparable pay, benefits, carry over their time, etc. - for one year guaranteed. After that year, who knows. Another call is coming about the program being offered - basically a volunteer package to leave, so at... — read more 

I am in VZW IT and got the email from Shankar that I have been identified as a member transitioning to Infosys. Oh Well I’ve just read this on another thread ( @VjAoEqI-euk). Still can’t believe it, kind of hoping this is just a big hoax. Anyone else... — read more 

Package has been announced for all U.S. employees.

My hats off to the master troll that worked everyone up to a frenzy over this fictitious offer. Well done!

just took a package

It is declared ....

Is this true .. layoffs happening today 09.24 ?????? Nervous

What about new hiring in VDSI ? Why they are hiring ?

Is the buyout weekly based off your base pay before the sti or after. So if I make 100k on paper including sti will they base my weekly off that amount or 88k is which is what my 2 week salary is based off of. And before anyone says it’s not true... — read more 

I think that whatever is being announced might affect the stock price which means something big

Or is it for employees with certain number of years of service?

People outside of Verizon think that it's an extremely "stable" company with lots of job security and promise. However, what those inside know is just the opposite. Instead of working for a company that is on the eve of the next announcement of... — read more 

Or are they preping for 5g to be rolled out

For other than those who got Retention Bonus, Will there be an Option given to VDSI folks to choose between Rebadging and a Package-Offer?

There used to be high employee morale - VZW was an exceptional company to work for. Happy employees made for productive employees. Things turned when Lowell took over as CEO. The company started to care more about penny pinching than they did about... — read more 

Ok. So if u have to move to Infosys. What happens to your pay. Do you get a bonus. Does vacation. Stay the same. Or are you like a new employee there.

Verizon NJ and Verizon PA announce Voluntary Special EISPs Verizon-NJ and Verizon-PA have announced Voluntary Special EISPs Verizon NJ September 10, 2018 packages will be distributed. Sept 17, 2018 the volunteer period will begin. October 16, 2018... — read more